Ikea Private Company

The ikea trademark and concept is owned by another private company inter ikea systems.

Ikea private company. The current ownership structure is pretty interesting. Ikea is a global leader in life at home. Ikea limited provides home furnishing products. Large private companies aren t exclusive to the united states.

Ikea limited free company information from companies house including registered office address filing history accounts annual return officers charges business activity. It will have to focus on its diversity and inclusion efforts as it moves to open business in kenya. Aap december 4 2012 6 35am. The company offers cookware dinnerware desks bathroom accessories mirrors beds mattresses chairs racks and stands flooring storage.

Company type private limited company incorporated on 5 february 1986. So just to operate ikea stores and use the brand name the nonprofit has to pay each year payments that. The business is a private company owned by inter ikea systems b v registered in the netherlands and controlled by the sons of its founder ingvar kamprad. Create a home that is perfect for you.

The ikea group has a complex corporate structure which members of the european parliament have alleged was designed to avoid over 1 billion in tax payments over the 2009 2014 period. This means money is paid directly from ikea profits to the owners of this private company to license the trademark. Europe s most formidable include a swedish furniture manufacturer and doubtless the world s biggest. The beneficiaries are not publicly recorded but it s not hard to speculate that the kamprad family is on the receiving end of this loop hole.

The founder of ikea says he wants to keep the company off the stock exchange. Ikea designs and manufactures furniture kitchen equipment and household accessories among others. The company has operations globally. Ikea is a private company established in 1943 and with headquarters in delft netherlands.

Ikea is owned by foundations set up by ingvar kamprad the founder of ikea. Ikea has no need to raise external capital and according to kamprad some long term decisions made like the investment in russia would not have been possible had ikea been a listed company. Ikea systems another private dutch company owns the trademark.